India A Top Market For IBM In 2017

- Mar 13, 2018 -

India a top market for IBM in 2017 


BENGALURU: India was one of the fastest growing geographies for IBM in 2017, continuing a trend that started a few years ago. IBM India’s revenue grew by 8.6% in reported currency (5% in constant currency) in the year. 

Only Mexico and Spain grew faster among the major countries. China declined by 10% in constant currency. Many other geographies also declined, including the US, UK, Germany and Japan. India has been called out during quarterly earnings calls over the past two-three years .. 


India has IBM’s biggest employee base — an estimated 1,30,000 of the overall 3,80,000. And a good proportion of them are in the IT services business that competes with those like TCS, Infosys, Wipro and Accenture 


(This article was originally published in The Times of India)



Read more at:
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